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His life is seemingly picture-perfect. But unbeknownst to the higher-ups, he kept negotiating. The mutual trust between David and the sponsors was unassailable -- enough to even navigate a snafu that could have derailed his entire scheme. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. Michael McCann Jan. Every Sports Reference Social Media Account, Site Last Updated: Saturday, March 4, 6:46PM. Even the head coach pulled in almost $4 million per season. They were a massive disappointment, yes, but also so transcendent for brief moments. In the following weeks, attempting to make restitution to the parties he victimized, he boldly pitches the prosecutors on the idea that he could help sell the properties based on his expertise and knowledge of the market. Then Sacramento's vice president of corporate . Starting with the 2023-24 NFL season, all preseason and regular season 49ers games will be radio broadcast by Sactown Sports for the Sacramento Faithful. Former Sacramento Kings executive to serve 7 years in prison for - KXTV He tries to establish a personal rapport with the government's lawyers, but few professions are more impervious to a salesman's charm than that of government lawyer. Three takeaways from Kings 123-117 win against Thunder, Three takeaways from Kings 124-115 win over Oklahoma City Thunder, Kings waive KZ Okpala, sign PJ Dozier for the rest of the season, 5 takeaways from the Kings beating the Clippers in the second-highest scoring NBA game ever, 3 takeaways from Sacramentos 133-116 win over the Portland Trail Blazers. They wanted to go local. Our reasoning for presenting offensive logos. Kings' Jonathan Quick trade is shocking and risky even if it makes Find out the latest on your favorite NBA teams on CBSSports.com. Also, she wondered, why would a business whose name suggests it's an arm of the Kings write off a golf cart at a beach house near Los Angeles? "The King's Foundation does a great job right now. Knowing that this is a draft class where frankly mock drafts change every single day outside of lottery numbers 1-3, Sacramento has an opportunity to find generational talent in a youth like Jaden Ivy, Shadeon Sharpe, and Keegan Murray. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View Sort: Staff (A-Z) Col umns: Swipe 215 staff members found. It's no surprise that Sacramento would be willing to package Buddy Hield, Marvin Bagley III and multiple. "This was a long, sophisticated course of conduct that required registering LLCs with the state, opening commercial mailboxes in the LLC's name, using the identities and the good names of prominent regional businesspeople, signing their names on LLC documents unbeknownst to them, and using their identities to perpetuate fraud," he says. Get the latest news and information for the Sacramento Kings. Sacramento Kings Vice President of Basketball Operations and General Manager Vlade Divac today named Dave Joerger as the team's new head coach. Sacramento Kings Executive Team | Comparably But multiple sources who have come through the Kings organization over the past decade say the organization had systemic flaws that left it susceptible during much of David's tenure. What if this is all legit? Director, Partnership Marketing & Business Development, Jozee PerrelliDirector, Box Office Operations, Colin WarnerDirector, Business Intelligence, Karl CrudupDirector, Event Sales & Production, Michael RamosDirector, Groups & Hospitality, Nichole AmbergDirector, Interactive Design & Strategy, Allison ChandlerDirector, Marketing & Advertising, Kelsey KauffroathDirector, Marketing & Fan Engagement, Matthew JohnsonDirector, Membership Sales & Sales Enablement, Nick CooperDirector, Membership Services & Retention, Kamilah JohnsonDirector, Retail Merchandise, Katie NicholsonDirector, Social Responsibility, Meryl BalalisDirector and Sr. Report this profile . NBA executives believe Kings could trade No. 4 pick for immediate help Former Sacramento Kings executive Jeffrey David was sentenced to seven years in prison on Monday after he pleaded guilty to embezzling more than $13 million from the team's sponsorship deals . [15] It is July 2018, and much of David's family is on hand to help with the move. Use without license or authorization is expressly prohibited. "I'm going to tell you, but I need you to hear me out," he says. Less than four years after siphoning off $30,000 in courtside signage, David had now stolen $13.4 million from the Kings and their top corporate partners. "We are always happy . After a short night's sleep, the family returns to the house in Pinecrest the next morning to rebox their belongings. They were a massive disappointment, yes, but also so transcendent for brief moments. Jeff volunteers that Golden 1 and Kaiser Permanente, two major sponsors with the Kings, are partners. But it's when Sommercamp asks about how he obtained signatures from his partners in Sacramento that Jeff knows it's time to suspend his cheery front. (3/13/20), First published on May 7, 2020 / 10:58 PM. The Kings, who are in third place, are an explosive offensive team; they average a league-high 120.7 points per game. Still, Peterson and Stone don't think the Kings should be allowed to profit off the pandemic. Now he had flown his wife and young family on a private charter to Southern California to spend July Fourth at the new four-bedroom house, which was half a mile from an even grander property in Hermosa Beach that Jeff had also purchased. What did you do?! When the FBI arrived Wednesday afternoon, the Kings were armed with troves of documents unearthed and organized by Wegzyn -- a binder with all the correspondence, the tax documents, the bank statements, anything she could get her hands on. 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When Jeff had moved $250,000 of the family's savings into Sacramento Sports Partners, he told Kate the money was for a real estate fund with other investors. (4/15/20), A month since the Kings last game, Kings players are still taking action as Richaun Holmes, De'Aaron Fox, Bogdan Bogdanovic and Harrison Barnes are donating 1,000+ meals to local families. Tools and Resources Used by Real General Managers. Grizzlies-Clippers, 10 p.m.Wednesday It's not going to be a big deal.". Her name is Stacy Wegzyn, and she works in HR. During this extended playoff drought, the Kings had 10 different head coaches. 2023 CBS Broadcasting Inc. All Rights Reserved. Wegzyn and the Kings brass realized it was time to escalate this homegrown investigation. While attending college, McNair was a wide receiver on the football team. Shubb, an 81-year-old who has presided on the bench in the Eastern District of California since 1990, expresses deep skepticism over whether David's contention that he planned to pay back the money is plausible. Amidst the discussion around who the Sacramento Kings draft with the No. 4 overall pick in the 2022 NBA Draft, the discourse of shopping the pick has been a quiet Plan B that league executives say might be closer to the clipboard than the Kingdom knows. Sacramento Kings Staff & Executives - RealGM Sacramento Kings Staff & Executives Team: Season: Current | Historical View: Person View | Grid View 216 staff members found. Courthouse in Sacramento early on June 24, 2019. On July 5, 2016, Golden 1 wired $9 million to SSP. (4/20/20), Kings fans came together to show support for frontline health care workers on Wednesday night, which was supposed to be the team's regular-season finale. Matina Kolokotronis serves as the Chief Operating Officer (COO) of the Sacramento Kings. On June 8, 1983, an investment group from Sacramento purchased the Kings. Though his crime didn't make him a household name, David has become a cautionary tale among NBA front offices afraid they could fall victim to such a scam. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. NBA piles on brutal week of Kings clock issues with fine - Yahoo! The Kings had given David an autonomy he could exploit. And even though he was earning $360,000 per year plus bonuses, just about everyone in here made more than he did. Now he was a part of the action with his most wealthy counterparts, demonstrating to himself that he could succeed at the art of investment. 'Whatever seed we are, we're ready': Is there room for Cleveland among the East elite? Kate toggles over to the family's secondary account at Wells Fargo. NBA Executives Still Believe Kings' De'Aaron Fox Is 'Gettable' And after two stints with the Kings spanning more than a decade -- while helping secure hundreds of millions of dollars in arena sponsorships for the team -- he has joined one of the NBA's most respected organizations in an appealing, sun-drenched market. [2] Early life [ edit] Born in Chicago, Illinois, Kolokotronis is the second of four daughters born to Greek immigrants. Or write about sports? She asks Jeff whether the documents contain anything that anyone with the Kings needs to see. 4 on Thursday's NBA Draft, making a huge pivot than what was expected of them. Wilcox will serve as Assistant General Manager, Jabour as Vice President of Player Personnel and Johnson as Director of Basketball Operations and General Manager of the teams G League affiliate, the Stockton Kings. Here is the full list of the CBS13 stories cited by the Kings: The NBA 2K League is set to start on May 5 as teams will compete remotely due to COVID-19. Description Operator of a professional basketball team. The Kings selected Tyrese Haliburton with the 12th pick in the 2020 NBA Draft. Kate, a chronic worrier about the Davids' growing family, could rest easier knowing he'd secured their future. Terms at draftkings.com/sportsbook. They say the Kings have a history of donating the facility, free of charge, during a variety of emergencies ranging from floods to Y2K. Suns-Mavericks, 1 p.m. (ABC) "It's like a money grab.". Sacramento's also failed to field a league-average defense even once since Adelman. Six seasons split between Kansas City and Omaha, and then seven more in just K.C. Logos were compiled by the amazing SportsLogos.net. Jeff tells her that's unlikely. David and his legal team had hoped for a sentence not much longer than two years, but Shubb hands down a term of seven. According to Marc Stein on The Stein Line, while the Sacramento Kings recently have proclaimed their intent to build around De'Aaron Fox and Tyrese Haliburton, there's a 'sense among some rival executives' that Fox is actually still 'gettable' in trade discussions. In 2012, approaching his 40s, David was earning a low-to-mid-six-figure salary. "Let's close some phone numbers" in David-speak meant he wanted the Kings' sales team to craft some seven-digit sponsorship agreements. The Kings had missed the postseason for the past 14 consecutive seasons going back to 2006 - the longest active drought and one shy of the NBA record held by the Buffalo/San Diego/Los Angeles Clippers. He joined the Cavaliers in 2003 and held the roles of Advance Scout, College Scout, Pro Personnel Scout and Assistant Coach, prior to his promotion to Director of Player Personnel. David now lives at the Federal Correctional Institution in Morgantown, West Virginia, where pleasures are smaller and infrequent. One team president says the franchise initiated a full audit of its operations days after the story became public. Call 1-800-GAMBLER. Joelle Terry Senior Vice President, Communications Joelle Terry serves as the Senior Vice President, Communications of Sacramento Kings. LAC (127) vs SAC (128). A spokesperson previously noted that the half-million-dollar rent at the arena works out to $41 per bed, per night for 400 beds. Our intent was, and is, to continue to use our platform for good and to help support our community.